Red Rock Community Bank experienced a rock-solid year in 2007. Building on a terrific foundation we added five new officers; took on new community commitments to broaden our presence; and are growing the bank safely, soundly and profitably. We believe we are one of southern Nevada’s best kept secrets, but we aim to change that as rapidly as possible.
In addition to my arrival in 2006, the bank welcomed Steve Borgna, Lee Steinhauer, Winona Houk and Margaret Kruglov during 2007. The five of us together have more than 120 years of banking experience.
| The real success is our ability to grow in the areas of commercial banking, wealth management and residential mortgages. |
But the real success is our ability to motivate the entire staff to grow the bank in the areas of commercial banking, wealth management and residential mortgages. For the convenience of our employees and clients, we developed a one-page information sheet. If a customer wants to borrow money, our employees refer to the list of credit, loan and leasing products that are available. If a customer wants to deposit or invest money, the employees refer to the product list of deposit, checking and investment services.
Use of this reference tool is helping our team to expand existing relationships and build new ones. Our strategy is to establish a relationship with one product and build from there. Improving our product knowledge and engaging customers resulted in many new deposit, loan and investment accounts, including more than a dozen new million-dollar accounts. There is also added emphasis on obtaining business referrals from our board members.
Red Rock Community Bank is located in the heart of Summerlin, one of the largest master plan communities in the country. In order to brand the bank, we are active with more than 35 local community organizations. We are involved in the Nevada Development Authority, Latin Chamber of Commerce and Faith Lutheran School Business Advisory Council, to name a few. This aggressive publicity campaign will level out in the years to come but we will always make community contributions where they are needed the most.
Tom Mangione, now our Nevada Region president, along with our longtime employees and board members, have laid a rock-solid foundation. On that strength we are growing a high-performing Red Rock Community Bank.
— J. Randall Boesch, President & CEO